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Evolved Foods - About the company

Evolved Foods is a seed company based in Bengaluru (India), founded in 2020 by Pradeep Rao and Roma Roy Choudhury. It operates as a Manufacturer of plant based protein products for food service applications. Evolved Foods has raised $1.76M in funding from investors like Zerodha, Rainmatter and Aditi Investments, with a current valuation of $*****. The company has 141 active competitors, including 57 funded and 12 that have exited. Its top competitors include companies like Impossible Foods, Good Dot and Orbillion Bio.

Company Details

Manufacturer of plant based protein products for food service applications. These products feature whole muscle texture and high heat tolerance for use across various culinary formats. The offerings provide protein, fiber, and iron content while adhering to food safety and quality standards. Production processes focus on responsible sourcing and efficient manufacturing to support plant forward dietary options.
Social
XFacebook
Email ID
*****@evolvedfoods.in
Phone Number
+91 **********
Registered Address
3rd Floor, Building #1127, 20th Main, 20th Cross, A Block, Sahakaranagar P.O, Bangalore, Bangalore North, Karnataka, India, 560092
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.76M in 13 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 10, 2025
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
15 as on Aug 31, 2026
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Evolved Foods's funding and investors

Evolved Foods has raised a total funding of $1.76M over 13 rounds. Its first funding round was on Nov 24, 2020. Its latest funding round was a Angel round on Aug 20, 2025 for $*****. 2 investors participated in its latest round. Evolved Foods has 5 institutional investors and 54 angel investors.

Here is the list of recent funding rounds of Evolved Foods:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 20, 2025
4241893
Angel
2149201
5713833
2842654
1582737
Jan 07, 2025
1805745
Angel
3553108
3189386
9564046
2990650
Jul 16, 2024
2207104
Seed
9701236
8635785
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Evolved Foods' founders and board of directors

Founder? Claim Profile
The founders of Evolved Foods are Pradeep Rao and Roma Roy Choudhury. Pradeep Rao is the CEO of Evolved Foods.
Here are the details of Evolved Foods' key team members:

Evolved Foods' Board of Directors

Evolved Foods's board has 2 active members. Pradeep Rao and Roma Roy Choudhury are part of team.
Here is the list of Evolved Foods' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 9m
Team
-
Current
8y 9m

Evolved Foods' employee count trend

Evolved Foods has 15 employees as of Aug 26. Here is Evolved Foods's employee count trend over the years:
Employee count trend for Evolved Foods
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Evolved Foods's Competitors and alternates

Top competitors of Evolved Foods include Impossible Foods, Good Dot and Orbillion Bio. Here is the list of Top 10 competitors of Evolved Foods, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Impossible Foods
Impossible Foods
2011, Redwood City (United States), Series H
Provider of plant-based alternatives to traditional meat products
$2.01B
72/100
2nd
Logo for Good Dot
Good Dot
2016, Udaipur (India), Series A
Produces and markets plant-based meat products
$5.3M
65/100
3rd
Logo for Orbillion Bio
Orbillion Bio
2019, Berkeley (United States), Acquired
Develops animal-free lab-grown meat
$15M
61/100
4th
Logo for Tender
Tender
2020, Boston (United States), Series A
Developer of plant-based meat substitute products
$29.8M
59/100
5th
Logo for Fork & Good
Fork & Good
2018, New York City (United States), Series B
Developer of lab-grown meat substitute
$22M
59/100
6th
Logo for Upside Foods
Upside Foods
2015, Berkeley (United States), Series C
Provider of cell-based meat alternatives
$612M
59/100
7th
Logo for Meati
Meati
2005, Boulder (United States), Series C
Developer of fungi-based protein meats foods
$489M
58/100
8th
Logo for SCiFi Foods
SCiFi Foods
2019, San Leandro (United States), Series A
Developer of lab-grown meat substitutes for food businesses
$29M
58/100
9th
Logo for The Better Meat Co
The Better Meat Co
2018, Sacramento (United States), Series A
Provider of plant-based protein and meat products
$41.1M
57/100
10th
Logo for Prime Roots
Prime Roots
2017, San Francisco (United States), Series B
Producer and supplier of protein products
$50M
56/100
37th
Logo for Evolved Foods
Evolved Foods
2020, Bengaluru (India), Seed
Manufacturer of plant based protein products for food service applications
$1.76M
39/100
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Evolved Foods's Latest cap tables and shareholding

Founders own 31.39%, Funds own 5.06%, Enterprises own 2.64% and Angels (largest shareholder) own 51.50%. The net worth of Evolved Foods's founders is INR 24Cr as of Nov 10, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.39%
24Cr
5232976
4196108
2243633
2113780
Fund
5.06%
3.86Cr
37525
89226
27996
27985
14
45
38
93
63
80
Enterprise
2.64%
2.01Cr
87
46
45
72
Angel
51.50%
39.3Cr
6298424
3105555
9787706
7033209
3
7
8
8
5
5
2
3
7
6
6
3
3
8
1
3
6
6
0
0
0
0
0
0
Other People
5.66%
4.33Cr
84881
79834
78934
98066
ESOP Pool
3.75%
2.86Cr
198
946
891
106
Total
100.00%
76.4Cr
2717264
9565707
1805649
6332376
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Evolved Foods's Shareholding

Evolved Foods's Investments and acquisitions

Evolved Foods has made no investments or acquisitions yet.

Reports related to Evolved Foods

Here is the latest report on Evolved Foods's sector:

News related to Evolved Foods

•
Plant Protein Favourite Evolved Foods bags Rs 7.30 Cr in SeedAsian News International•Jun 15, 2023•Evolved Foods, Rainmatter, Zerodha, Vananam
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